RBI Exams 2019

The Reserve Bank of India conducts examinations for recruitment to various posts in the RBI. The RBI was established in 1935 and nationalised in 1949. It is the apex bank in the country responsible for maintaining the Consolidated Fund of India and formulating banking policies. A job in the apex bank is considered highly prestigious and hence the competition is really high. In this article, we have provided some information about the different RBI exams to be conducted in 2019.

RBI Grade B Exam

The RBI Grade B exam is conducted every year to recruit officers into the Reserve Bank. Successful candidates are inducted into the bank as officers in the following departments:

  • Direct Recruitment(DR) General Cadre
  • Department of Economic Policy and Research(DEPR)
  • Department of Statistics and Information Management(DISM)

RBI Grade B Eligibility

The RBI has the following basic criteria for candidates desirous of applying for Grade B Posts:

  • Age Limits: Between 21 to 30 years for Graduates. Upper age limits are 32 years for M.Phil and 34 years for PhD holders.
  • Educational Qualifications: Candidates have to attain at least an undergraduate degree to be able to appear for the RBI Grade B exam. Educational requirements and RBI cut off for marks in the highest educational qualification vary according to the department applied for.
  • Nationality: Only Indian Nationals and subjects of Nepal and Bhutan are eligible to appear in the RBI exam. Refugees and migrants from certain countries are also allowed if they can produce a certificate of eligibility from the Government of India.
  • Number of Attempts: Unreserved category candidates can appear in the exam up to 6 times.

RBI admit cards are issued only to candidates who fulfil all the above criteria and are able to produce documentary proof when requested.

RBI Grade B Exam Pattern

The RBI Grade B exam consists of two written exams and an interview as described in the following table:

Examination

Subjects

Phase I Examination

General Awareness

English Language

Quantitative Aptitude

Reasoning Ability

Phase II Examination

Economic and Social Issues

English Language

Finance and Management/Economics/Statistics

Phase III Interview

General Awareness and Interpersonal Skills

RBI Grade B Notification And RBI Exam Date

The RBI Grade B notification will be released shortly. It is usually published in the month of May every year. The following is the tentative exam calendar for 2019:

Event

Tentative Date

RBI Exam Notification

May 2019

Phase I Examination

June 2019

Phase II Examination

July 2019

Phase III Interview

August-October 2019

Declaration of RBI Result

November 2019

RBI Grade B Syllabus

The syllabus of the RBI exam is roughly equivalent to the level of a graduate in Economics. The following major topics are covered by the exam:

  • English Writing Skills
  • Economic and Social Issues
  • Finance
  • Management
  • General Awareness
  • Current Affairs
  • Micro and Macro Economics
  • Indian Economy and Related Topics

RBI Grade C Exam

The RBI Grade C exam is conducted periodically to recruit specialists for running day to day operations at the bank. The eligibility criteria, syllabus and educational qualifications vary based on the specialisation required by the bank. The Grade C exam notification usually gets published in December every year. The exam pattern is based on the shortlisting of applications based on the following criteria:

  • Experience in the area of specialisation applied for
  • Education Achievement
  • Record of Service
  • Special Achievement and Awards if any

The shortlisted candidates are called for an interview. Based on the scores secured in the interview, candidates are awarded contracts by the RBI to work for them.

RBI Assistant Exam

The RBI Assistant exam is conducted to recruit candidates into the clerical and assistant cadre handling day to day operations of the bank. The RBI Assistant exam is usually held in the month of November and December every year. The following are a few details about the exam:

RBI Assistant Eligibility

The RBI asks candidates to fulfil the following criteria for applying for RBI Assistant post:

  • Age Limits: Between 21 to 28
  • Educational Qualifications: Candidates have to attain at least an undergraduate degree to be able to appear for the exam.
  • Nationality: Only Indian Nationals and subjects of Nepal and Bhutan are eligible to appear in the RBI exam. Refugees and migrants from a few countries are also allowed if they can produce a certificate of eligibility from the Government of India.

RBI admit cards will be issued only for those candidates who satisfy the above eligibility criteria.

RBI Assistant Exam Pattern And Syllabus

The RBI Assistant Exam consists of two stages, the Phase I and Phase II exams. The following is the basic pattern and syllabus of the exams:

RBI Assistant Phase I:

Paper

Syllabus

RBI Assistant Preliminary Exam

English Language

Numerical Ability

Reasoning Ability

RBI Assistant Phase II:

Paper

Syllabus

RBI Assistant Main Exam

English Language

Quantitative Aptitude

Reasoning Ability

Computer Knowledge

General Awareness

RBI Assistant Notification And RBI Exam Date

The RBI will publish the notification for the exam tentatively in October 2019. The examination is usually according to the following calendar:

Event

Tentative Date

RBI Assistant Exam Notification

October 2019

RBI Exam Date

Prelims

November 2019

Mains

December 2019

There are other exams notified by the Reserve Bank of India from time to time based on the number of vacancies they have. Usually, the number of vacancies is lower than competitive exams demanding a similar level of proficiency. A career in the RBI is one of the most successful and secure careers in the country. This, combined with the prestige associated with working at the apex bank of the country increases the competition level. Candidates should prepare thoroughly to be able to see their names in the RBI Result sheet published after each exam. BYJU’S has developed a series of RBI mock tests, study material and infographics to enable candidates to prepare for the exams and become the top bankers of the country.

To know more about bank exams, check out:

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